Can diamonds be exchanged for gold? What are diamonds made of?

Diamond rings are very expensive jewelry. Gold jewelry can be converted into cash, and diamond jewelry can also be converted into cash, but it is generally not possible to exchange diamonds for gold because the discount rate of diamonds is relatively high and gold is not easy to depreciate.

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The price of gold can be checked at the international gold price every day. Except for the fixed price gold, the rest of the jewelry gold is sold by gram, which is the gold price of the day plus the labor cost per gram. Therefore, the profit can be calculated from the price of gold. In addition to the fixed price of gold in jewelry stores, there is not much profit margin for gold sold by gram. Therefore, jewelry stores recommend fixed price gold to everyone. Diamonds are different. Diamonds are profitable jewelry for jewelry stores and can make money. Nowadays, many jewelry stores have a lot of operating costs. If they only sell gold jewelry, they would have closed long ago. They need to rely on profitable products such as diamonds and colored gems to make profits. Therefore, the money from selling a diamond is much more than the profit from gold of the same price. It is definitely impossible for merchants to pay out the profit. Then of course it is possible to exchange gold for diamonds, and the profit of diamonds remains unchanged. But it is definitely impossible to exchange diamonds for gold.

Diamond is diamond. Diamond can be produced from diamond. Diamond can be made into diamond by polishing. Diamond has many colors. Of course, when making diamond, colorless is the best and has the highest quality.

Diamond weight is measured in carats (CT).

1 carat = 0.2 grams = 100 points, 0.75 carats is also called 75 points. The value of diamonds increases in an irregular geometric progression as the weight of diamonds increases, and consumers can determine it based on their personal preferences and purchasing power. Generally speaking, only diamonds weighing more than 50 points begin to have collection investment value.

Common materials suitable for setting diamonds are 18K gold and platinum. Both materials have their own advantages and disadvantages. If you are proposing and have requirements for the size of the diamond, you can choose 18K gold, because 18K gold has high hardness and is suitable for setting large diamonds. It has many styles and colors, and is cheaper than platinum. If you are planning to get married and do not have high requirements for diamonds, and choose small diamonds, then platinum is suitable for setting. Platinum is a natural precious metal with natural color and will not change color no matter how long it is worn.